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applications now open for Building Safety Fund
The government’s £4.5 billion Building Safety Fund has reopens for new applications: buildings over 18 metres with cladding issues are eligible to apply for the fund, which has allocated over £1.3 billion towards making homes safe since its launch...
Would you let to a student?
A study by the Tenancy Deposit Service has identified the main causes of disputes between student tenants and landlords and agents.The poll highlighted that a large percentage of landlords and agents have had to raise a deposit deduction, with 88...
Farnborough landlord fined nearly £5,000 after ‘ignoring fundamental safety issues’ in home with nine tenants
A landlord was slapped with a fine of £4,600 after they ignored 'fundamental safety issues' within their house. At the time of the fine, nine people were living in the property. An Emergency Prohibition Order (EPO) was served to Janna Fuller, of...
Record number of landlords raising their rents
The Telegraph have run an article on the number of rent rises. It can be seen here (subscription might be required) stating ‘Record number of landlords have raised their rents this year with more than half of investors cashing in on fever-pitch...
‘My buy-to-let profits are disappearing before my eyes’
The Telegraph have run an article on landlords suffering with the mortgage rate rises. It can be seen here (subscription might be required), stating that ‘Landlords stuck on variable rate mortgages are seeing their profits vanish as lenders...
Can a landlord earn more from furnished property?
Landlords in London can make more than £9,000 per calendar month if they furnish their property, a recent study by CIA Landlord Insurance revealed. On average, landlords with rentals in London receive £2,189 a month in rent. However, if they...
Government declares war on holiday homes
The Telegraph have run an article on the potential ban on holiday lets. It can be seen here (subscription might be required) stating ‘Second home owners could be banned from renting out their properties on websites such as Airbnb, in new plans...
Large fine for unlicensed Rother landlord
Another landlord has been hit with a substantial fine for failing to licence an HMO.Ryan Antony Otto, a director of Otto Investments Ltd based in London, was fined by Hastings magistrates for failing to licence a house in multiple occupation and...
Petition about Regulation of Property Agents
A new petition states: “Regulation of Property Agents has been requested by industry bodies for many years – and a Government working party investigated and reported – yet nothing has happened since.Ireland has a working system, which could be...
Barclays to expand its mortgage company
Barclays has said it is buying specialist mortgage lender Kensington Mortgage to take a bigger share of the UK housing market. The deal is worth around GBP2.3 billion, Barclays said. It requires UK regulatory approval and is expected to complete at...
What landlords can do to beat the government’s buy-to-let crackdown
The Telegraph has published an article on how to minimise problem tenants. It can be seen here (subscription might be necessary) and says the first wave of rules won’t apply until late 2023 or early 2024 at best. So landlords really shouldn’t be...
Second homes could be banned in Brighton
Brighton could become the first city in England to crack down on second homes after councillors ordered plans for a ban to be drawn up. New rules which would ban any new-build properties from becoming second homes or holiday lets will be drafted...
Homeowners and landlords ditch mortgages in gamble it saves them thousands
The Telegraph have run an article on the threat of landlords leaving the market. It can be seen here (subscription might be required) stating ‘Homeowners are paying thousands of pounds in penalties to end their current mortgage and lock in a new...
Graingers invest in Bristol
Residential landlord Grainger has agreed to forward fund and buy the build-to-rent element of a Bristol development that is made up of 374 private rental homes, as well as 94 affordable homes and six commercial units. Grainger said it has agreed to...
Fixed recoverable costs and housing costs
Five housing organisations have written to government ministers to warn that the Ministry of Justice’s proposed Fixed Recoverable Costs (FRCs) regime is likely “to devastate the tenant and borrower facing housing law sector”. The Government plans...
How to attract higher-paying tenants
Providing good-quality housing with stylish and well-equipped interiors is the only way to go if landlords want to attract and keep high-paying tenants, says a survey of 1,000 UK adults by Hatch Interiors. “In tough economic times, renters are...
Will landlords start leaving the market?
The Telegraph have run an article on the threat of landlords leaving the market. It can be seen here (subscription might be required), stating that ‘Plans to ban “no-fault” evictions and restrict landlords’ ability to take control of their property...
Known laws affecting rentals.
List of laws known to affect landlords Landlord and Tenant Act 1730 Distress for Rent Act 1737 Anti-terrorism, Crime and Security Act 2001 Anti-Social Behaviour Act 2003 Anti-social Behaviour, Crime and Policing Act 2014 Assured Tenancies...
Adaptations for disabled tenants’ consultation
The UK Government is seeking views on proposals to make landlords legally obliged to make reasonable adjustments to common areas of rented properties: outside areas, entrances, hallways, landings, and stairwells, more accessible for disabled...
More documents published by the Government
In addition to the recent White Paper, the government has published six other documents, namely: the government response to Considering the case for a Housing Court call for evidence explaining why it does not think there is a need for a separate...
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LATEST NEWS
Three things landlords must do to survive 2024
The Telegraph has run an article from the Secret Landlord on the the three things she is recommending you do asap. The...
Record number of buy-to-let companies established in 2023
Key Points: Record Number of Buy-to-Let Companies in 2023: Despite a decrease in landlord property purchases, the UK...
Potential Prosecution under Landlord and Tenant Act 1987
Key Points: Prosecution under Landlord and Tenant Act 1987: Historically, there had never been an attempted...
Late Rent Payments Impacting Landlords in the UK
Property investors are increasingly struggling with tenants who are late or not paying the rent, research from...
Boundary Review Impact in East and West Sussex
Key Points: Boundary Review Impact in East and West Sussex: The Boundary Review has redrawn the political map in East...
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